The Farmers & Merchants Bank mortgage approval rate & lending review
The Farmers & Merchants Bank decided 291 mortgage applications and funded 247 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions The Farmers & Merchants Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
The Farmers & Merchants Bank at a glance
Approval is 9.2 points above the 81.6% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 90% | 70 / 78 | 94% | $285K | 66 |
| Refinance | 82% | 50 / 61 | 92% | $175K | 46 |
| Investment property purchase | 100% | 90 / 90 | 96% | $255K | 86 |
| Investment refinance | 95% | 35 / 37 | 97% | $225K | 34 |
The Farmers & Merchants Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Arkansas | 91% | $255K | 286 | 242 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where The Farmers & Merchants Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Washington County, AR | Investment property purchase | 100% | 43 | 41 |
| Washington County, AR | Mortgage lenders | 92% | 40 | 36 |
| Washington County, AR | Refinance | 81% | 32 | 24 |
| Craighead County, AR | Investment property purchase | 100% | 23 | 21 |
| Washington County, AR | Investment refinance | 91% | 22 | 19 |
The county markets where The Farmers & Merchants Bank made the most loans. Each link opens that market with every lender ranked.
Questions about The Farmers & Merchants Bank
What is The Farmers & Merchants Bank's mortgage approval rate?
The Farmers & Merchants Bank approved 90.7% of the 291 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.2 points above the 81.6% national rate for the same mix of loan types.
How often do borrowers take the loan The Farmers & Merchants Bank offers?
Borrowers accepted 94% of the loans The Farmers & Merchants Bank approved, against 95% for all investment property mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does The Farmers & Merchants Bank make?
The typical investment property mortgage loan The Farmers & Merchants Bank made was $255K; across all loan types its typical loan ran from $175K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does The Farmers & Merchants Bank lend?
The Farmers & Merchants Bank decided applications in 4 of the states Fat Boy Data covers, most of them in Arkansas, Tennessee and Mississippi.
Can I apply to The Farmers & Merchants Bank directly?
Yes. The Farmers & Merchants Bank is a bank or credit union with 61 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show The Farmers & Merchants Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how The Farmers & Merchants Bank treats applications, then get a rate quote from the lender.